Bitcoin has just experienced a slight drop to $95,000, and the trading charts tell an interesting story.
Something unusual is happening in the market: Bitcoin has stayed above its previous all-time high for almost an entire month.
The last time Bitcoin entered price discovery mode, it rose by 245%. This time? The predictions are even bolder.
Let's put this in perspective: if Bitcoin only reaches half of its 2021 price discovery gains, we're talking about $150,000. And that's the conservative estimate.
Here's another piece of the puzzle: December and Bitcoin have a quite interesting history, especially in halving years. Previous December halvings averaged gains of 28%.
But in this story, there's more than just numbers and predictions.
Let's analyze the top crypto headlines of the day. Here's what you need to know:
The unusual "cup and handle" pattern of ETH has traders talking about a significant rally. But with so many failed technical patterns lately, can we trust this one? 🤔
Tom Lee believes that the U.S. government could add Bitcoin to its strategic reserves. What price prediction did he share? 🎯
SHIB is up 12% in a day, while DOGE has risen 164% this month. With new meme coins like Brett appearing daily, are we back in 2021? 🚀
Bitcoin's best November since 2020 (+37%) comes as currency reserves hit historic lows. Is it time for a big surge? 📈
XRP explodes to $2.45 (+274% in 30 days) just as Gensler announces his resignation. So, why is the token rising so much? 💫